Zacks Investment Research downgraded Community Trust Bancorp, Inc. (NASDAQ:CTBI) to Sell in a report released today.
- Updated: September 19, 2016
Only yesterday Community Trust Bancorp, Inc. (NASDAQ:CTBI) traded 0.98% lower at $36.91. Community Trust Bancorp, Inc.’s 50-day average is $36.24 and its two hundred day average is $35.51. With the last stock price up 2.92% relative to the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same time period. 17,717 shares of the stock traded, down from ann average trading volume of 29,359.
Zacks Investment Research has downgraded Community Trust Bancorp, Inc.(NASDAQ:CTBI) to Sell in a report released 9/19/2016.
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Also covering Community Trust Bancorp, Inc.’s stock price target, a total of 3 brokers have released a research note on Community Trust Bancorp, Inc.. The average target price is $37.67 with 0 rating the company a strong buy, one analyst rating the company a buy, four analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the stock as sell.
With a market capitalization of $0.0, Community Trust Bancorp, Inc. has a one-year low of $30.89 and a one-year high of $37.49 with a P/E ratio of 14.
Brief Synopsis About Community Trust Bancorp, Inc. (NASDAQ:CTBI)
Community Trust Bancorp, Inc. (CTBI) is a bank holding company. The Company operates in the community banking services segment. The Company owns a commercial bank and a trust company, serving small and mid-sized communities in eastern, northeastern, central and south central Kentucky; southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company. Through its subsidiaries, CTBI engages in a range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes, and providing funds transfer services. Its lending activities include making commercial, construction, and mortgage and personal loans.
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